David Lerner has continued to improperly pitch nontraded REITs, according to an amended complaint filed last month by the self-regulator.
A Florida attorney claims that the Financial Industry Regulatory Authority Inc. derailed his bid to become the state's top financial watchdog in retaliation for a previous legal dispute he had with the regulator.
Collateral damage from $2B hit could extend to self-regulation, hurt SRO bill
Finra levies fines against Citi, Morgan Stanley, UBS and Wells Fargo
Investment advisers could feel the impact of one so-called legislative "payfor" popular with congressional Democrats -- expanding payroll taxes on subchapter S corporations.
OptionsXpress Holdings Inc. conducted a series of sham “reset” transactions designed to give the illusion that the firm had purchased securities to comply with obligations associated with short sales, the SEC said in a statement today.
Inspector General Kotz's zealous approach has apparently won him few friends inside the commission
Charges leveled by long-time employee at the Commission
Shevlin brought on board to help thwart money-market reform; has worked for three Dems in the House
Fidelity Investments is the latest financial firm to fire a shot across the Securities and Exchange Commission's bow regarding money market funds.
It is possible to close the budget deficit and leave the recovery mostly intact -- but it won't be easy
Proposal likely to smack those with lots of capital income; ordinary income not so much
Finra was busy in 2011. Very busy. A new survey reveals the regulator conducted almost 1,500 enforcement actions last year. Meanwhile, the SRO meted out close to $70 million in fines -- a nearly 50% increase. And there's more where that came from.
Under plan, top marginat rate would top out at 28%; all personal income tax rates cut by a fifth
